System and method for financing an insurance transaction

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United States of America Patent

PATENT NO 7716076
SERIAL NO

11023048

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Abstract

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A method for structuring an insurance transaction. The method includes providing insurance coverage to reimburse an insured entity in the event that the insured entity incurs a loss based on the occurrence of one or more defined events, designating an insurance premium amount to be paid by the insured entity as an insurance premium. The method further includes requiring that the insurance premium amount be paid, at least in part, by a transfer of intellectual property assets, each intellectual property asset including a plurality of intellectual property rights.

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Patent Owner(s)

Patent OwnerAddress
OCEAN TOMO LLC200 WEST MADISON 37TH FLOOR CHICAGO IL 60606

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Block, Robert J Chicago, US 8 782
Carter, Andrew Glen Ellyn, US 49 2361

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